Art’s-Way Manufacturing (NASDAQ:ARTW) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Art’s-Way Manufacturing (NASDAQ:ARTW) in a research note issued to investors on Sunday morning. The firm issued a hold rating on the industrial products company’s stock.

Art’s-Way Manufacturing Stock Performance

Shares of NASDAQ:ARTW opened at $1.67 on Friday. The company has a market capitalization of $8.42 million, a price-to-earnings ratio of 8.30 and a beta of 0.40. Art’s-Way Manufacturing has a 12 month low of $1.33 and a 12 month high of $2.37. The firm’s 50-day moving average is $1.73 and its 200 day moving average is $1.69. The company has a current ratio of 1.55, a quick ratio of 0.37 and a debt-to-equity ratio of 0.28.

About Art’s-Way Manufacturing

Art's-Way Manufacturing Co, Inc manufactures and sells agricultural equipment, specialized modular science and agricultural buildings in the United States and internationally. The company operates through Agricultural Products and Modular Buildings. The Agricultural Products segment offers various specialized farm machinery, including portable and stationary animal feed processing equipment and related attachments; hay and forage equipment, such as forage boxes, bale processors, running gears, and dump boxes; manure spreaders; sugar beet harvesting equipment; dirt work equipment; and after-market service parts.